Tag Archives: Absa

Johannesburg, South Africa | THE INDEPENDENT | Absa’s leading role in sustainable financing supports move towards zero emissions as the Group makes significant strides in meeting renewable energy loan targets Absa Group, Africa’s largest funder of renewables, announced today its long-term ambition to reach Net Zero state by 2050 for …

  Kampala, Uganda | THE INDEPENDENT |  Absa Bank Uganda and Enterprise Uganda signed a Memorandum of Understanding that will see the two organisations partner to offer Micro, Small and Medium-size Enterprises (MSMEs) business development services and upskilling in financial literacy in 9 districts across Uganda. Beginning on 3 April …

  Johannesburg, South Africa | THE INDEPENDENT |  Absa Group has today reported strong normalised headline earnings of R21 billion ($1.15billion) for the 2022 financial year, an increase of 13% from the prior year and well above pre-COVID levels. The result, Absa Group said,  was driven by significantly higher pre-provision …

Kampala, Uganda | THE INDEPENDENT & AGENCIES | Jeremy Awori, Kenya’s seasoned banker, has officially joined Ecobank as its new Chief Executive Officer (CEO), a few months after exiting Absa Bank Kenya. Awori was appointed Pan-African lender CEO in September of last year, succeeding Ade Ayeyemi, who retired. He joins from …

Kyegegwa, Uganda | THE INDEPENDENT | Members of staff from Absa Bank Uganda under the Women Network Forum yesterday donated assorted items and provided skilling to 70 teenage mothers in Kyegegwa. At a ceremony held at Kakabara Primary School in Kyegegwa District in Western Uganda, the ladies donated assorted essential items …

Uganda moves to the fourth spot due to strong data reporting standards, new environmental, social and governance incentives Kampala, Uganda | THE INDEPENDENT | Uganda’s overall score in the Absa Africa Financial Markets Index increased by six points to 66 in 2022, moving the country up to fourth from sixth place …

Kampala, Uganda | THE INDEPENDENT | HR practitioners in Uganda have been urged to constantly invest in upskilling themselves and their workforces to prepare their organisations for the future of work. While giving the keynote address during the annual ‘Heads of HR Beginning of Year Cocktail’ held at the Kampala …

Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda Limited is currently offering a vast array of financial packages that will immensely be pivotal in helping Ugandans kick-start a new year on a strong financial stand. The impressive packages will bolster investment capabilities for Ugandan entrepreneurs, especially its customers which is …

Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has treated several of its customers to an end-of-year cocktail evening at the Sheraton Kampala Gardens to appreciate them for continuing to do business with the bank. The outdoor evening  was defined by lively social interactions and laughter, cocktails and entertainment …

  Kampala, Uganda | THE INDEPENDENT | Practitioners in the banking and financial services industry have been urged to maintain their ethics amid the current slowdown in economic activity, the Executive Director for Supervision at the Bank of Uganda – Dr Twinemanzi Tumubweine – has said. While addressing bankers during …